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Houston-based Diamond Drilling released its Q2 report, showing a net loss of £59 million. The company profits have dropped down £44m between Q1 and Q2. Additionally, there has been a significant decrease in drilling contracts for the firm, almost £169 million less in 2018. The CEO of the Diamond Drilling appreciated the efforts of the company towards improving the offshore drilling efficiency with the launch of Blockchain DrillingTM service.